Oakland, CA—Olipop has completed its $30 million Series B funding round led by Monogram Capital Partners with celebrity investors Camila Cabello, Priyanka Chopra Jonas, Nick Jonas, Joe Jonas, Kevin Jonas, Mindy Kaling, Logic, and Gwyneth Paltrow, according to a press release. Also contributing to the funding round: Raj and Indra...
Nes Ziona, Israel—TriNutra has announced the publication of a new study on ThymoQuin, the company’s branded black seed oil. The study, published in the Journal of Food & Nutritional Sciences, aimed to observe the immune health-modulating effects of ThymoQuin in combination with vitamin D3 on mesenchymal stem cells (MSCs) and...
Basel, Switzerland—Lonza has reported sales of CHF 5.4 billion, growing 20% AER (20% CER) and CHF 1.7 billion CORE EBITDA, resulting in a margin of 30.8%. The momentum was driven by sales growth across all divisions, according to a press release. Reported EBITDA was impacted by the provision of CHF...
A three-year collaboration between FrieslandCampina and Danone has led to a 17% reduction in greenhouse gas (GHG) emissions, according to a press release. The reduction was accomplished mostly by FrieslandCampina’s dairy farmers implementing sustainable farming practices and green energy projects for the ingredients provided to Danone. FrieslandCampina used the Annual...
Rockville, MD—The Global Retailer and Manufacturer Alliance (GRMA) and AOAC International have signed a Memorandum of Understanding establishing a strategic partnership to help advance shared goals surrounding consumer product safety standards, according to a press release. AOAC is an association of government, industry, and academic leaders in analytical science, with...
Washington, D.C.—The Council for Responsible Nutrition (CRN) has added 17 new companies to its membership rolls, and has elected five executives to its Board of Directors. The newly elected and re-elected board members are Mike Finamore of Gemini Pharmaceuticals (2nd term); James Hyde of Balchem Corporation; Micah Osborne of Stratum...
Silver Spring, MD—Industry associations have submitted comments to FDA regarding the agency’s tentative responses to the citizen petitions from Council for Responsible Nutrition (CRN) and Natural Products Association (NPA) regarding the legal status of NAC. The American Health Products Association (AHPA) submitted comments, focusing on identifying NAC-containing products sold pre-DSHEA.
Virtual—Members of the natural products industry expressed frustration with FDA, calling interactions “disheartening.” At the 2022 NYSBA Annual Meeting, a panel discussion focused on intellectual property and FDA’s protection of it, or lack thereof. Mark Ullman, Of Counsel, Rivkin Radler, moderated the meeting, and opened with an anecdote regarding Mitsubishi...
Auburn, WA—The Gluten Intolerance Group (GIG) has announced its dates and locations for its 2022 Generation GF summer camp. GIG is a nonprofit organization, providing resources and support to individuals who live gluten-free lifestyles. It is now accepting applications for camp scholarships, funded by contributions from GIG's Gluten-Free Certification Organization...
Arlington, VA—FMI and NielsenIQ have released the Transparency in an Evolving Omnichannel World report, which found continued high demand among consumers for transparency from food retailers and manufacturers: 64% of shoppers said they would switch from a brand they usually buy to another brand that provides more in-depth product information,...
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